📘 finance

1. **State the problem:** Calculate the actual interest earned after 35 days on a principal of 100000 with an annual interest rate of 2.5%, considering a 20% tax on the interest. 2

1. **State the problem:** Nicola borrows 215000 for her mortgage.

1. **Problem statement:** A company needs 113000 in 18 years to replace a computer. They want to make fixed monthly payments into a sinking fund that compounds monthly at an annual

1. **State the problem:** You start with a balance of 60, then deposit 120, and finally withdraw 40. We need to find the final balance. 2. **Formula and explanation:** The final ba

1. **State the problem:** We have a noninterest-bearing note issued for 507500 on February 12 of a non-leap year with a term of 10 months. It is sold on September 22 with a negotia

1. **State the problem:** Jo has a student loan of $87941 with an interest rate of prime + 2.5%. The prime rate is 3.5%, so the total interest rate is $3.5\% + 2.5\% = 6\%$ annuall

1. **State the problem:** Anderson bought a wardrobe on hire purchase terms. He paid a deposit of 6500 and 12 equal monthly instalments of 1900. We need to calculate the total hire

1. The problem involves understanding a simple annuity, which is a series of equal payments made at regular intervals. 2. The formula for the future value of a simple annuity is $$

1. **Problem 1: Calculate the issue price of a bond with semi-annual coupons** Given:

1. **Problem 1:** Calculate the issue price of a bond with face value 100000, coupon 9% per year paid semi-annually, maturity 10 years, and market YTM 8% per annum compounded semi-

1. **Problem 1:** Calculate the issue price of a bond with face value P100,000, coupon 9% per year paid semi-annually, maturity 10 years, and market YTM 8% per annum compounded sem

1. **State the problem:** We have a principal amount $P = 5600$ naira deposited for $t = 3$ years.

1. The problem is to find the principal amount, which is already given as 5600. 2. Principal is the initial amount of money before interest or any other calculations.

1. Énoncé du problème : Nous avons une option call avec les paramètres suivants : \(\Delta t = 0,1\), maturité \(P = 1\), \(\Delta S = 10\), \(S\) varie de 0 à 100, valeur d'exerci

1. **Problem 1: Calculate the current cost of a car given inflation.** The problem states that the cost of automobiles increases by 2.5% each year due to inflation. We want to find

1. **State the problem:** We need to find the annual interest rate $r$ and the periodic interest rate for an investment of 100000 compounded quarterly that grows to 180873 after 6

1. **Problem Statement:** Calculate the final amount to be paid on a principal of 35000 after 4 years with an annual interest rate of 10%, compounded (a) semi-annually, (b) quarter

1. **Problem Statement:** A man deposits 50000 in an account with an annual interest rate of 3.5%. We need to find the amount in the account after 7 years with interest compounded

1. **State the problem:** Peter wants to save money for 10 years and is comparing two accounts: one with simple interest at 4% annually and one with compound interest at 3.8% annua

1. **Stating the problem:** We need to determine in which scenario compound interest is more beneficial than simple interest. 2. **Understanding the concepts:**

1. **State the problem:** A loan of 20000 is taken with a compound interest rate of 8% annually for 1 year. We need to find the total amount to be repaid at the end of the year. 2.